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BrightHouse on verge of £220 million deal

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Embattled rent-to-own retailer BrightHouse is on the verge of securing a £220 million restructuring deal which would see its previous owner Vision Capital’s stake reduced to just three per cent. According to Sky News, a consortium of bondholders including Alteri Investors, HSBC and Highbridge capital management, could gain control of the embattled retailer by the end of the week

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BrightHouse on verge of £220 million deal

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